Civic Intelligence

Schools of Banking Inc

EIN 23-7296165 • 501(c)3 • Lincoln, NE

Profile

Banking educational seminars

PO Box 80008Lincoln, NE 68501-0008

www.schoolsofbanking.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.08x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

65th percentile

0.06x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

51st percentile

4.8%

Higher net margin than 51% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

98th percentile

$391,646

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 52.6% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

46th percentile

1.7%

Faster asset growth than 46% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

61st percentile

15%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$591,941

Up $59,147 (+11%) from 2022

Liabilities

Down

$73,994

Down $9,837 (-12%) from 2022

Net Assets

Up

$517,947

Up $68,984 (+15%) from 2022

Revenue

Up

$646,683

Up $22,843 (+3.7%) from 2022

Expenses

Up

$634,392

Up $24,264 (+4.0%) from 2022

Net Income

Down

$12,291

Down $1,421 (-10%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2014: $618,116Liabilities 2014: $49,637Net Assets 2014: $568,4792014Assets 2015: $602,897Liabilities 2015: $60,994Net Assets 2015: $541,9032015Assets 2016: $602,979Liabilities 2016: $58,405Net Assets 2016: $544,5742016Assets 2017: $633,018Liabilities 2017: $49,335Net Assets 2017: $583,6832017Assets 2019: $500,446Liabilities 2019: $26,194Net Assets 2019: $474,2522019Assets 2020: $427,636Liabilities 2020: $91,014Net Assets 2020: $336,6222020Assets 2021: $464,425Liabilities 2021: $29,174Net Assets 2021: $435,2512021Assets 2022: $532,794Liabilities 2022: $83,831Net Assets 2022: $448,9632022Assets 2024: $591,941Liabilities 2024: $73,994Net Assets 2024: $517,9472024

Highlighted filing

2024

Assets$591,941
Liabilities$73,994
Net Assets$517,947

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2014: $522,218Expenses 2014: $521,416Net Income 2014: $8022014Revenue 2015: $603,946Expenses 2015: $604,522Net Income 2015: -$5762015Revenue 2016: $526,505Expenses 2016: $523,834Net Income 2016: $2,6712016Revenue 2017: $666,186Expenses 2017: $627,077Net Income 2017: $39,1092017Revenue 2019: $624,004Expenses 2019: $636,119Net Income 2019: -$12,1152019Revenue 2020: $263,140Expenses 2020: $400,770Net Income 2020: -$137,6302020Revenue 2021: $685,852Expenses 2021: $587,223Net Income 2021: $98,6292021Revenue 2022: $623,840Expenses 2022: $610,128Net Income 2022: $13,7122022Revenue 2024: $646,683Expenses 2024: $634,392Net Income 2024: $12,2912024

Highlighted filing

2024

Revenue$646,683
Expenses$634,392
Net Income$12,291

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.0
Gross Receipts
$646,683
Mission and Program Overview

Mission

Banking educational seminars

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$519,421$545,549▲ $26,128
Land, Buildings, and Equipment, Net$27,043$8,938▼ $18,105
Prepaid Expenses and Deferred Charges$4,993$2,793▼ $2,200
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Total Assets$585,161$591,941▲ $6,780
Other Assets Total$33,604$34,561▲ $957
Liabilities
Other Liabilities$32,942$33,396▲ $454
Accounts Payable and Accrued Expenses$41,463$29,748▼ $11,715
Deferred Revenue$5,100$10,850▲ $5,750
Total Liabilities$79,505$73,994▼ $5,511
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$505,656$517,947▲ $12,291
Total Net Assets Fund Balance$505,656$517,947▲ $12,291
Total Liabilities and Net Assets / Fund Balance$585,161$591,941▲ $6,780

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,938$70,879$79,817
Other Assets Org$1,378--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard BaierVice Preside--$373,421$373,421
Tami R LutziExecutive DiFT$134,354$25,020$159,374
Richard BaierVice President-$134,354$25,020$159,374

Board Members and Trustees

NameTitle
Douglas WarehamPresident
Brad KoehnBoard Member
Brenda UnruhBoard Member
D Gene Dikeman IiBoard Member
Julie HowerBoard Member
Mark LinvilleBoard Member
Ronald ArrigoBoard Member
Tami R LutziExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$633
Program Service Revenue
$613,749
Investment Income
$30,801
Other Revenue
$1,500
All Other Contributions
$633
Change in Net Assets
$12,291
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$386,447
Salaries, Compensation, and Employee Benefits$247,945
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$156,020-$156,020
Travel$146,525$8,518-$155,043
Fees for Services Other$65,323--$65,323
Other Salaries and Wages-$56,241-$56,241
Office Expenses$1,343$26,941-$28,284
Conferences and Meetings$20,907$3,287-$24,194
Advertising-$20,242-$20,242
Other Employee Benefits-$19,231-$19,231
Depreciation Depletion-$18,104-$18,104
Payroll Taxes-$16,453-$16,453
Insurance-$8,318-$8,318
All Other Expenses$2,852$4,237-$7,089
Other Expenses$3,648$8,260-$3,648
Total Functional Expenses$288,540$345,852$0$634,392
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$33,396
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Members of the organization shall be the kansas bankers association and the nebraska bankers association. Each member shall be represented and act through a representative duly appointed by the governing bodies of the kansas bankers association and the nebraska bankers association, respectively.

Form 990, Page 6, Part VI, Line 7A

The members of this corporation may be changed by approval from the kansas bankers association and the nebraska bankers association and by duly adopted amendment or amendments to the articles and bylaws.

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by the nebraska bankers association cpa of record, the executive director, and select members of the board. The approved review report is given to the board for final review, approval, and acceptance.

Form 990, Page 6, Part VI, Line 12C

The organization's executive director will monitor proposed or ongoing transactions for conflict of interest and disclose them to the president of the board of directors in order to deal with potential or actual conflicts whether discovered before or after the transaction has occurred.

Form 990, Page 6, Part VI, Line 15A

The executive director's compensation is reviewed annually by the executive committee, who then makes a recommendation to the board of directors for final approval. Other key organization employee's compensation is determined and reviewed annually by the executive director. Total staff salary and benefits are part of the official budget which is approved by the board of directors annually.

Form 990, Page 6, Part VI, Line 15B

Other employees compensation is determined and reviewed annually by the executive director. Total staff salary and benefits are part of the official budget which is approved by the board of directors annually.

Form 990, Page 6, Part VI, Line 19

All governing documents are provided to the public upon request.

Filing and Contact Details

Filer

Filer Name
Schools of Banking Inc
EIN
23-7296165
Phone
4024741555
Address
PO BOX 80008, LINCOLN, NE 68501-0008

Signing Officer

Name
Tami R Lutzi
Title
Executive Director
Phone
4024741555
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tami R Lutzi
Formed
1965
Legal Domicile
Ne
Voting Board Members
9
Independent Board Members
8
Employees
2

Preparer

Firm
Grafton & Associates Pc
Address
5935 S 56TH ST SUITE A, LINCOLN, NE 68516
Preparer
Joseph J Meduna
Phone
4024863600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Teaching and admin fees 65,323 0 0

Form 990, Page 12, Part XII, Line 2C

The board of directors is responsible for the oversight of the review of the financial statements and the selection of the independent accountant. This process has not changed since the prior year.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from income taxes under the internal revenue code under section 501(c)(3). In addition, the organization has been classified as "other than a private foundation'' by the internal revenue service. As such, the organization is not liable for corporate income taxes for all activity carried on for its exempt purpose. However, activities that are outside of its purpose may be taxed at normal corporate rates. The organization has not carried on any activities which are contrary to its exempt purpose and therefore no provisions have been made for unrelated business income taxes in the financial statements. Management also believes the organization has no significant uncertain tax positions. The periods for which the association may still be subjected to an internal revenue service audit are for the year ended december 31, 2023, 2022, and 2021.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER THE INTERNAL REVENUE CODE UNDER SECTION 501(C)(3). IN ADDITION, THE ORGANIZATION HAS BEEN CLASSIFIED AS "OTHER THAN A PRIVATE FOUNDATION'' BY THE INTERNAL REVENUE SERVICE. AS SUCH, THE ORGANIZATION IS NOT LIABLE FOR CORPORATE INCOME TAXES FOR ALL ACTIVITY CARRIED ON FOR ITS EXEMPT PURPOSE. HOWEVER, ACTIVITIES THAT ARE OUTSIDE OF ITS PURPOSE MAY BE TAXED AT NORMAL CORPORATE RATES. THE ORGANIZATION HAS NOT CARRIED ON ANY ACTIVITIES WHICH ARE CONTRARY TO ITS EXEMPT PURPOSE AND THEREFORE NO PROVISIONS HAVE BEEN MADE FOR UNRELATED BUSINESS INCOME TAXES IN THE FINANCIAL STATEMENTS. MANAGEMENT ALSO BELIEVES THE ORGANIZATION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS. THE PERIODS FOR WHICH THE ASSOCIATION MAY STILL BE SUBJECTED TO AN INTERNAL REVENUE SERVICE AUDIT ARE FOR THE YEAR ENDED DECEMBER 31, 2023, 2022, AND 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLISHED ON APPLICATIONS & BROCHURES ISSUED BY THE ORGANIZATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1A) IT IS NOT AN ISSUE TO THIS ORGANIZATION B) NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE AWARDED
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4EXECUTIVE DIRECTOR
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVEIWED ANNUALLY BY THE EXECUTIVE COMMITTEE, WHO THEN MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. OTHER KEY ORGANIZATION EMPLOYEE'S COMPENSATION IS DETERMINED AND REVIEWED ANNUALLY BY THE EXECUTIVE DIRECTOR. TOTAL STAFF SALARY AND BENEFITS ARE PART OF THE OFFICIAL BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS ANNUALLY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE ORGANIZATION SHALL BE THE KANSAS BANKERS ASSOCIATION AND THE NEBRASKA BANKERS ASSOCIATION. EACH MEMBER SHALL BE REPRESENTED AND ACT THROUGH A REPRESENTATIVE DULY APPOINTED BY THE GOVERNING BODIES OF THE KANSAS BANKERS ASSOCIATION AND THE NEBRASKA BANKERS ASSOCIATION, RESPECTIVELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THIS CORPORATION MAY BE CHANGED BY APPROVAL FROM THE KANSAS BANKERS ASSOCIATION AND THE NEBRASKA BANKERS ASSOCIATION AND BY DULY ADOPTED AMENDMENT OR AMENDMENTS TO THE ARTICLES AND BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED BY THE NEBRASKA BANKERS ASSOCIATION CPA OF RECORD, THE EXECUTIVE DIRECTOR, AND SELECT MEMBERS OF THE BOARD. THE APPROVED REVIEW REPORT IS GIVEN TO THE BOARD FOR FINAL REVIEW, APPROVAL, AND ACCEPTANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S EXECUTIVE DIRECTOR WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICT OF INTEREST AND DISCLOSE THEM TO THE PRESIDENT OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE, WHO THEN MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. OTHER KEY ORGANIZATION EMPLOYEE'S COMPENSATION IS DETERMINED AND REVIEWED ANNUALLY BY THE EXECUTIVE DIRECTOR. TOTAL STAFF SALARY AND BENEFITS ARE PART OF THE OFFICIAL BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER EMPLOYEES COMPENSATION IS DETERMINED AND REVIEWED ANNUALLY BY THE EXECUTIVE DIRECTOR. TOTAL STAFF SALARY AND BENEFITS ARE PART OF THE OFFICIAL BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL GOVERNING DOCUMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TEACHING AND ADMIN FEES 65,323 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE REVIEW OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 12, PART XII, LINE 2C
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